what is ace tcpa class action settlement

Class Members of the ACE American Insurance TCPA settlement include all current or former U.S. customers of Nationstar Mortgage or BB&T Bank since Oct. 16, 2013 who received at least one phone call made by or on behalf of ACE American Insurance within a 12-month period when the phone number had been registered with the National Do Not Call Registry

for at least 30 days.

Full Answer

What are some of the most famous TCPA settlements?

The most famous TCPA settlement occurred in August 2014, when Capital One (and three collection agencies) agreed to pay $75.5 million to end a class action suit that arose from the bank’s use of an autodialer to call consumers’ cell phones.

What is the TCPA and how does it affect me?

Companies violate the TCPA (Telephone Consumer Protection Act) by illegally contacting consumers, often via autodials and/or robocalls. These violations can lead to multimillion-dollar class action settlements. Contact us for a free legal consultation.

How many TCPA lawsuits are filed each month?

On average, the FTC (Federal Trade Commission) receives 250,000 complaints regarding TCPA (Telephone Consumer Protection Act) violations per month. From 2010 to 2015, TCPA lawsuits increased tenfold, from 354 to 3,710. From just 2014 to 2015, there was a 45 percent increase.

What is TCPA class action?

Lieff Cabraser has spearheaded a series of groundbreaking class actions under the Telephone Consumer Protection Act (“TCPA”), which prohibits abusive telephone practices by lenders and marketers, and places strict limits on the use of autodialers to call or send texts or robocalls to cell phones.

What is AAG TCPA settlement?

American Advisors Group (AAG) has agreed to pay $3.5 million to settle a class action lawsuit alleging the company bombarded consumers with prerecorded telemarketing calls.

What is the largest settlement in a class action lawsuit?

1998 Tobacco Master Settlement AgreementNumber 1: The 1998 Tobacco Master Settlement Agreement The 1998 Tobacco Master Settlement Agreement is also the biggest civil litigation settlement in US history. At USD246 billion, it is unlikely to be beaten any time soon.

Is there a lawsuit against AAG?

On October 8, 2021, the Bureau filed a lawsuit and proposed stipulated final judgment and order in the United States District Court for the Central District of California against American Advisors Group (AAG), which the court entered on October 25, 2021.

Is AAG legit?

Yes, AAG is a reputable company, with excellent ratings from customers on Trustpilot. To add to its credibility, the company is also a member of the National Reverse Mortgage Lenders Association (NRMLA). It's important to note that AAG settled with the Consumer Financial Protection Bureau on Oct. 8, 2021.

Is there a downside to joining class action lawsuit?

The risk of a class-action lawsuit is that if you lose, you will not receive any compensation for your injuries. If you win, however, you will receive a financial or other non-monetary award.

Is a class action lawsuit worth it?

Class Action Lawsuits Are More Efficient Than Individual Cases. Rather than the courts having to deal with hundreds or even thousands of individual cases across the country, each one having lawyers for both the company and the plaintiffs, there's only one case to litigate and follow.

Is a class action settlement taxable income?

Oftentimes, the nature of a class action suit determines if the lawsuit settlement can be taxable. Lawsuit settlement proceeds are taxable in situations where the lawsuit is not involved with physical harm, discrimination of any kind, loss of income, or devaluation of an investment.

What is a grid settlement?

In urban planning, the grid plan, grid street plan, or gridiron plan is a type of city plan in which streets run at right angles to each other, forming a grid.

What is dt9 settlement administrator?

A Settlement Administrator is a third-party entity appointed by the court to handle the settlement claims process, including: Distributing the Settlement Notice to Class Members. Reviewing Claim Forms and approving or denying them.

What is the main function of the Telephone Consumer Protection Act of 1991?

In an effort to address a growing number of telephone marketing calls, Congress enacted in 1991 the Telephone Consumer Protection Act (TCPA). The TCPA restricts the making of telemarketing calls and the use of automatic telephone dialing systems and artificial or prerecorded voice messages.

Capital One Settles For $75.5 Million

The most famous TCPA settlement occurred in August 2014, when Capital One (and three collection agencies) agreed to pay $75.5 million to end a clas...

Bank of America Settles For $32 Million

Some other notable TCPA settlements include: 1. HSBC: $40 million (Sep. 2014) 2. FreeEats.com and AIC Communications: $32.4 million (Sep. 2017) 3....

Woman Awarded $229,500 For TWC Robocalls

Over a span of less than a year, Araceli King of Texas received more than 150 robocalls from Time Warner Cable (TWC). These calls reminded Ms. King...

Dish Network Hit With $280M Fine, $61M Verdict

In January 2017, a North Carolina jury hammered Dish Network with a $20.5 million award in a class action case filed because of 51,000 telemarketin...

ClassAction.com Will Fight For You

As one of the largest consumer protection firms in the country–with 300 attorneys and a support staff of over 1,500–we are one of the few with the...

When did the TCPA settlement happen?

The most famous TCPA settlement occurred in August 2014, when Capital One (and three collection agencies) agreed to pay $75.5 million to end a class action suit that arose from the bank’s use of an autodialer to call consumers’ cell phones. Here are the five largest TCPA settlements in history:

How do companies violate the TCPA?

Companies violate the TCPA (Telephone Consumer Protection Act) by illegally contacting consumers, often via autodials and/or robocalls. These violations can lead to multimillion-dollar class action settlements. Contact us for a free legal consultation. 855.300.4459. Breadcrumb.

How much did the TCPA increase in 2015?

From just 2014 to 2015, there was a 45 percent increase. These soaring numbers are due to a number of factors, including a boost in public awareness of the TCPA and the expansion and strengthening of the Act. Violations can lead to lawsuits, which often lead to settlements.

How much did Araceli King get for TWC?

Woman Awarded $229,500 for TWC Robocalls. Over a span of less than a year, Araceli King of Texas received more than 150 robocalls from Time Warner Cable (TWC). These calls reminded Ms. King to pay her bill, even though she had never been late with a payment.

Who was the lead plaintiff in the Do Not Call case?

Lead plaintiff Dr. Thomas Krakauer said, "This case has always been about enforcing the Do Not Call law and protecting people from nuisance telemarketing calls. I am thrilled with the jury's verdict, and thrilled we were able to win this enforcement action."

Can a TCPA lawsuit lead to a settlement?

Violations can lead to lawsuits, which often lead to settlements. Over the past few years, for the reasons noted above, TCPA settlements have grown exponentially larger and more frequent. If you are receiving unwanted calls or messages, contact us today to learn your rights and options under the TCPA.

Eleventh Circuit Says Invasion-of-Privacy Exclusion Bars Coverage of Class Action Settlement

Last week, the Eleventh Circuit held that an invasion-of-privacy exclusion in an insured’s policy barred coverage and that Liberty Insurance Underwriters Inc. did not have to cover the $60.4 million settlement of a class... more

Class Action & MDL Roundup – Fall 2020

Welcome to the fall edition of the Class Action & MDL Roundup, covering significant decisions and settlements from the third quarter of 2020. In this edition, cosmetics get reused, garbage stinks to high heaven (at least... more

Competing Duties and Courts: 11th Circuit Clarifies Procedures and Counsel Duties in Competing Class Actions

The 11th Circuit recently addressed the issue of competing or overlapping class actions, which often create problems for both the plaintiffs’ counsel and the defense. In Medical and Chiropractic Clinic, Inc. v. Oppenheim, the... more

Despite Absence of Settlement, Unclaimed Funds To Be Distributed To Government Or Charity Rather Than Revert To Dish Network

Last week, the federal judge presiding over a class action against Dish Network (“Dish”) denied a request for reversion of $11 million in unclaimed funds, deciding instead that the funds—which were the product of a trial... more

11th Circuit Overrules Incentive Award in Class Action Settlement

On September 17, 2020, the Eleventh Circuit Court of Appeals (Eleventh Circuit) issued an important decision regarding incentive payments in class-action settlements in Telephone Consumer Protection Act (TCPA) cases. In... more

A Divided Eleventh Circuit Holds that Incentive Awards are Prohibited

In a decision that may have far-reaching consequences, a divided panel of the Eleventh Circuit ruled that incentive awards to named plaintiffs—which are routine in TCPA and other class action settlements—are improper. See... more

The Eleventh Circuit Deals A Significant Blow To Class Action Suits By Eliminating Incentive Awards For Plaintiffs

Seyfarth Synopsis: Incentive awards for class representatives are impermissible, according to a ground-breaking decision last week by the U.S. Court of Appeals for the Eleventh Circuit. Though not an employment case, the... more

How Much Can a TCPA Class Action Lawsuit Cost?

So, what’s the potential damage that a TCPA lawsuit can do? It was estimated that U.S.-based companies spent a total of $2.9 billion just on defending against class actions in 2020—though this is for all types of class action suits, not just TCPA suits (Source: Carlton Fields Law Firm ).

How Often Do TCPA Lawsuits Happen?

Part of determining how much risk any event poses is the likelihood of that event happening. So, how often do TCPA lawsuits happen? There are thousands of TCPA suits filed every year. According to Weltman, Weinberg & Reis Co., LPA, there were 3,302 TCPA-related lawsuits filed in 2020—which was down from the peak of 4,639 TCPA lawsuits filed in 2016.